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Real estate in Memphis’ Parkway Village neighborhood.

Compare top Parkway Village real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Parkway Village real estate Market Report.

Information and statistics on the latest trends in the Parkway Village real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$122K
-18% from Q2 '26
Median list price
$129K
-6.8% from Q2 '26
Active listings
234
+14% from Q2 '26
Homes sold
72
No change from Q2 '26
New pendings
103
+45% from Q2 '26
New listings
127
+19% from Q2 '26

Quarterly Pricing Trends for Parkway Village

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Parkway Village Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $118K Median sale price in Jan 2022 - Mar 2022: $125K Median sale price in Apr 2022 - Jun 2022: $132K Median sale price in Jul 2022 - Sep 2022: $125K Median sale price in Oct 2022 - Dec 2022: $131K Median sale price in Jan 2023 - Mar 2023: $128K Median sale price in Apr 2023 - Jun 2023: $128K Median sale price in Jul 2023 - Sep 2023: $120K Median sale price in Oct 2023 - Dec 2023: $116K Median sale price in Jan 2024 - Mar 2024: $130K Median sale price in Apr 2024 - Jun 2024: $130K Median sale price in Jul 2024 - Sep 2024: $142K Median sale price in Oct 2024 - Dec 2024: $130K Median sale price in Jan 2025 - Mar 2025: $120K Median sale price in Apr 2025 - Jun 2025: $150K Median sale price in Jul 2025 - Sep 2025: $140K Median sale price in Oct 2025 - Dec 2025: $136K Median sale price in Jan 2026 - Mar 2026: $131K Median sale price in Apr 2026 - Jun 2026: $148K Median sale price in Jul 2026 - Sep 2026: $122K Median list price in Oct 2021 - Dec 2021: $117K Median list price in Jan 2022 - Mar 2022: $125K Median list price in Apr 2022 - Jun 2022: $129K Median list price in Jul 2022 - Sep 2022: $137K Median list price in Oct 2022 - Dec 2022: $140K Median list price in Jan 2023 - Mar 2023: $139K Median list price in Apr 2023 - Jun 2023: $135K Median list price in Jul 2023 - Sep 2023: $118K Median list price in Oct 2023 - Dec 2023: $150K Median list price in Jan 2024 - Mar 2024: $136K Median list price in Apr 2024 - Jun 2024: $145K Median list price in Jul 2024 - Sep 2024: $135K Median list price in Oct 2024 - Dec 2024: $120K Median list price in Jan 2025 - Mar 2025: $139K Median list price in Apr 2025 - Jun 2025: $130K Median list price in Jul 2025 - Sep 2025: $137K Median list price in Oct 2025 - Dec 2025: $144K Median list price in Jan 2026 - Mar 2026: $135K Median list price in Apr 2026 - Jun 2026: $138K Median list price in Jul 2026 - Sep 2026: $129K Oct 2021 - Dec 2021 Median sale price $118K Median list price $117K Jan 2022 - Mar 2022 Median sale price $125K Median list price $125K Apr 2022 - Jun 2022 Median sale price $132K Median list price $129K Jul 2022 - Sep 2022 Median sale price $125K Median list price $137K Oct 2022 - Dec 2022 Median sale price $131K Median list price $140K Jan 2023 - Mar 2023 Median sale price $128K Median list price $139K Apr 2023 - Jun 2023 Median sale price $128K Median list price $135K Jul 2023 - Sep 2023 Median sale price $120K Median list price $118K Oct 2023 - Dec 2023 Median sale price $116K Median list price $150K Jan 2024 - Mar 2024 Median sale price $130K Median list price $136K Apr 2024 - Jun 2024 Median sale price $130K Median list price $145K Jul 2024 - Sep 2024 Median sale price $142K Median list price $135K Oct 2024 - Dec 2024 Median sale price $130K Median list price $120K Jan 2025 - Mar 2025 Median sale price $120K Median list price $139K Apr 2025 - Jun 2025 Median sale price $150K Median list price $130K Jul 2025 - Sep 2025 Median sale price $140K Median list price $137K Oct 2025 - Dec 2025 Median sale price $136K Median list price $144K Jan 2026 - Mar 2026 Median sale price $131K Median list price $135K Apr 2026 - Jun 2026 Median sale price $148K Median list price $138K Jul 2026 - Sep 2026 Median sale price $122K Median list price $129K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
23
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Home prices in Parkway Village have been easing in the latest rolling three-month view, with the typical home value down nearly 13% year over year to about $122,000 while also sliding from early summer highs. List prices have moved in the same direction, falling more than 6% from a year ago. Compared with the broader Memphis market, where the median sale price is higher at roughly $180,000, Parkway Village continues to offer a lower entry point for buyers.

Listing and contract activity shows a mixed but active scene. Active listings are roughly flat year over year, while new listings are slightly lower, yet pending sales have held almost steady compared with last year. Homes are taking a bit longer to sell than a year ago, with median days on market up to 34.

Inventory conditions have shifted meaningfully, as months of supply has climbed to 5.4, a sharp increase from a year earlier and very similar to Memphis overall. Even with more supply, only about 13% of recent sales closed above list price, down from last year, and the average sale-to-list ratio sits just under 96%, suggesting sellers are often negotiating from their asking prices. Whether you are a buyer looking to capitalize on softer prices or a seller navigating these changing dynamics, Agent Pronto can connect you with a local Parkway Village agent who understands this evolving market.



Learn more about what Parkway Village has to offer.

Parkway Village offers residents a welcoming, well‑connected community with tree-lined streets, easy access to parks and schools, convenient shopping, and a friendly, family‑oriented atmosphere.

Parkway Village often suits buyers looking for practical value and everyday convenience. Located in southeast Memphis, it appeals to first time homeowners, investors, and long term residents who want solid square footage, mature streets, and quick access to major routes like I 240 and Bill Morris Parkway for commuting across Memphis.

Housing options range from modest brick ranch homes to larger postwar properties suitable for multi generational living. Many streets attract renters and owner occupants alike, creating opportunities for both investors and buyers planning to stay put. Proximity to the University of Memphis and Christian Brothers University can be a plus for those interested in student or faculty rentals, while families often appreciate access to Memphis-Shelby County Schools.

Daily needs are covered by nearby shopping on American Way and Perkins, with larger options in East Memphis and along Poplar Corridor. Green space is within reach at Audubon Park and Lichterman Nature Center, while dining and entertainment in Midtown and Downtown remain an easy drive.

Because Parkway Village shifts block by block, from quieter owner occupied pockets to streets with heavier rental activity, having a real estate agent who knows the neighborhood level details is crucial. Agent Pronto can connect both buyers and sellers with a local expert who understands pricing, condition, and opportunity on each street in Parkway Village.

Find your Parkway Village real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Timishia Ortiz was extraordinary in her knowledge of realtor. Timisha has people skills and very understanding of what I was looking for. Not one time did she pressure me into buying something that I was not interested. Just having her there with me at the closing made it easy.”

Deborah Wellington ·

Photo of Morrow Group
eXp Realty
“Kitzy went above and beyond for us. Her knowledge and persistence were invaluable. I would work with her in a heartbeat again. She filed multiple extensions for us and ensured that the deadline was met.”

tiffany gaither jackson1 ·

Photo of Kitzy Talley
Kaizen Realty
“William was an outstanding realtor and a true professional. He brought experience, honesty, and clear communication to the table, which made a huge difference throughout the process. He was proactive, thorough, and always made sure I understood what was happening and what to expect next. I never felt rushed or uninformed — only supported. William’s expertise and steady approach gave me a lot of confidence, and I’m very thankful to have had him on my side. Highly recommend working with him.”

Lisa ·

Photo of William Haynes
Crye-Leike
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”

Brenda M. · Olive Branch, MS

Photo of Kim Townsend
Century 21 Patterson & Associates
“After going through numerous realtors, I was fortunate to find Tina, and I can confidently say she was a game-changer in the home buying process. I was transitioning out of the military and living in a different state at the time, which made house hunting even more challenging. Tina immediately stepped up. She quickly put together a solid list of homes to consider and went above and beyond by doing virtual walkthroughs for every property we were interested in. Once we narrowed down the list, we drove to Mississippi to view the top contenders in person. Thanks to Tina's dedication and efficiency, we found the perfect home, and she got us from viewing to closing in just 32 days. Tina worked incredibly hard to ensure everything — including needed repairs — was handled quickly and professionally. The entire process was seamless. She was always on our side, fiercely advocating for our best interests every step of the way. If you're looking for a realtor who truly cares, communicates well, and will do everything possible to get you into a home you love, Tina is the one to work with. I couldn't recommend her more highly.”

slutchm ·

Photo of Tina Andrade
Fast Track Realty
“Mia and her team were great to work with. Highly recommend! She knows the Memphis area extremely well and is an expert in marketing. She was also extremely diligent and responsive throughout the process. We especially appreciated her constant and consistent communication to ensure things were moving along as appropriate.”

Michael Fink ·

Photo of Mia Atkinson
Exp Realty
“I recently had the pleasure of working with Dialine to purchase my new home, and I could not be more satisfied with the experience. From our introduction to the final closing, Dialine demonstrated professionalism, expertise, and an unwavering commitment to finding the perfect property for my family. Dialine took the time to understand my needs, preferences, and budget, ensuring that each property we visited was a potential match. Her knowledge of the local market was impressive, providing valuable insights that helped me make informed decisions. Thanks to Dialine, the home-buying process was smooth and stress-free. I highly recommend Dialine to anyone in need of a top-notch real estate professional. Her commitment to client satisfaction is unparalleled, and I am grateful for her exceptional service.”

zacharyealey ·

Photo of Dialine Booker
Berkshire Hathaway HomeService Taliesyn Realty
“Tarneshia done an outstanding job in helping us choose our home. Her knowledge and experience as the property manager help us to know this is the area we wanted to make this our final move.”

user73169813 ·

Photo of Tarneshia Barnett
KAIZEN Realty, LLC
“had an awesome experience with Latavia Blanton! Latavia Blanton’s expertise, dedication, and understanding throughout the entire process of finding my home was EXCEPTIONAL! She was very knowledgeable, professional, and most importantly, always available to answer questions I had throughout the process.”

knoxangelam ·

Photo of Latavia Blanton
Epique Realty
“Mrs. Hyter is an amazing real estate agent. Knowledgeable, helpful, friendly, kind and truly cares for all of her clients. I recommend her time and time again.”

Becca Rupe ·

Photo of Beverly Hyter
Kaizen realty
“Kaye was very helpful, patience, and understanding through out my hold process. She provided me with some great advice on purchasing my first home. I was very excited about having Kaye as my realtor.”

curtis spencer ·

Photo of Stiletto Real Estate Team
BEST Real Estate Company
“Stephen went way beyond what we expected as first-time homebuyers. He explained the homebuying process in a way we could easily follow and made the transaction effortless. He does not leave you hanging once you close on the home but follows up to make sure everything is going well in the weeks and months after move-in. Stephen is very thorough and detail-oriented - we would and will recommend Stephen to all our friends who are in the process of buying or selling a home!”

Katherine Martin ·

Photo of Stephen Mansour
RE/MAX Remax Real Estate Experts
“This was a very easy and satisfying system to use for the sale of my house. My agent, Steven Ford, was very professional and up front with all information concerning my house value, what the market would pay, and guiding me through the sale. He was very knowledgeable and walked me through all aspects of the whole process to get the best price and the sale handled as quickly as possible. He always made sure I understood what the process was, and that I was happy with the price of the house and the cost of escrow and commissions. I would recommend Steven Ford as the utmost professional in helping to sell any house. Thank you for getting me in touch with this great person.”

Kelly L. · Collierville, TN

Photo of Steve Ford
The Carter Group Realtors
“Lydia Nance is in a league of her own. She is very knowledgeable and she was there whenever I needed her. Lydia was always there to answer all my concerns and questions about buying my home. The thing I love the most about Lydia is when I told her this is the house I want because I couldn't get it out of my mind and it was in my price range. She listened to me and she was more than an agent she was more like a sister and was sincere. Lydia made my home buying experience very pleasant even in times when I felt like things very going too slow. I'm very happy with my experience with Lydia. She handled my business in a professional manner.”

sandra bibbs ·

Photo of Lydia Nance
Best Real Estate Co.

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Parkway Village. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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